document.write( "Question 401937: A person deposited $500 in a savings account that pays 5% annual interest that is compounded yearly. At the end of 10 years, how much money will be in the savings account?\r
\n" ); document.write( "\n" ); document.write( "500 x 5% = 25
\n" ); document.write( "25 x 10 = 250
\n" ); document.write( "500+250 = 750
\n" ); document.write( "

Algebra.Com's Answer #284386 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
\"A+=+P%281+%2B+r%29%5Et\"
\n" ); document.write( "\"p\" = initial deposit
\n" ); document.write( "\"r\" = interest rate
\n" ); document.write( "\"t\" = years invested
\n" ); document.write( "\"A\" = amount after \"t\" years
\n" ); document.write( "\"A+=+500%2A%281+%2B+.05%29%5E10\"
\n" ); document.write( "\"A+=+500%2A1.6289\"
\n" ); document.write( "\"A+=+814.447\"
\n" ); document.write( "Not one of the choices?
\n" ); document.write( "
\n" );